REalloys and US Army execute term sheet for heavy rare earth processing facility in Utah

REalloys and the U.S. Department of the Army executed a non-binding term sheet outlining commercial terms for a potential Enhanced Use Lease to develop a heavy rare earth processing facility at the Tooele Army Depot in Utah. The agreement follows the Army's June 2026 selection of REalloys as the solicitation awardee under its Strategic Capital Initiatives.

Detected & updated continuously · Source: Nebula